• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form SC 13G filed by Gates Industrial Corporation plc

    10/7/24 1:49:12 PM ET
    $GTES
    Industrial Machinery/Components
    Industrials
    Get the next $GTES alert in real time by email
    SC 13G 1 Gates_20240930.htm







    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

    SCHEDULE 13G

    Under the Securities Exchange Act of 1934
    (Amendment No.)

    Gates Industrial Corp plc

    (Name of Issuer)

    COM

    (Title of Class of Securities)

    G39108108

    (CUSIP Number)

    September 30, 2024

    (Date of Event Which Requires Filing of this Statement)
     

    Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

    [X]Rule 13d-1(b)
    []Rule 13d-1(c)
    []Rule 13d-1(d)
     

    The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this cover page shall not be deemed to be 'filed' for the purpose of Section 18 of the Securities Exchange Act of 1934 ('Act') or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     
    CUSIP No. G39108108

    Person 1
     1.(a) Names of Reporting Persons.
    Allspring Global Investments Holdings, LLC
     (b) Tax ID
    36-4863445

     2.Check the Appropriate Box if a Member of a Group (See Instructions)
      (a)  []
      (b)  []

     3.SEC Use Only . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

     4.Citizenship or Place of Organization   Delaware

    Number of
    Shares
    Beneficially
    Owned by
    Each Reporting
    Person With
    5. Sole Voting Power 14,545,243

    6.  Shared Voting Power 0

    7. Sole Dispositive Power 14,929,377

    8. Shared Dispositive Power 0


    9.Aggregate Amount Beneficially Owned by Each Reporting Person 14,929,377


    10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)


    11. Percent of Class Represented by Amount in Row (9)  5.71 %


    12. Type of Reporting Person (See Instructions)

    HC

    Person 2
     1.(a) Names of Reporting Persons.
    Allspring Global Investments, LLC
     (b) Tax ID
    95-3692822

     2.Check the Appropriate Box if a Member of a Group (See Instructions)
      (a)  []
      (b)  []

     3.SEC Use Only . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

     4.Citizenship or Place of Organization   Delaware

    Number of
    Shares
    Beneficially
    Owned by
    Each Reporting
    Person With
    5. Sole Voting Power 2,021,630

    6.  Shared Voting Power 0

    7. Sole Dispositive Power 14,832,631

    8. Shared Dispositive Power 0


    9.Aggregate Amount Beneficially Owned by Each Reporting Person 14,832,631


    10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)


    11. Percent of Class Represented by Amount in Row (9)  5.67 %


    12. Type of Reporting Person (See Instructions)

    IA

    Person 3
     1.(a) Names of Reporting Persons.
    Allspring Funds Management, LLC
     (b) Tax ID
    94-3382001

     2.Check the Appropriate Box if a Member of a Group (See Instructions)
      (a)  []
      (b)  []

     3.SEC Use Only . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

     4.Citizenship or Place of Organization   Delaware

    Number of
    Shares
    Beneficially
    Owned by
    Each Reporting
    Person With
    5. Sole Voting Power 12,523,613

    6.  Shared Voting Power 0

    7. Sole Dispositive Power 9,746

    8. Shared Dispositive Power 0


    9.Aggregate Amount Beneficially Owned by Each Reporting Person 12,614,760


    10.Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)


    11. Percent of Class Represented by Amount in Row (9)  5.29 %


    12. Type of Reporting Person (See Instructions)

    IA

    Item 1.
     (a)Name of Issuer
    Holley Inc.
     (b)Address of Issuer's Principal Executive Offices
      1801 RUSSELLVILLE ROAD, BOWLING GREEN, KY, 42101
    Item 2.
     (a)Name of Persons Filing
     This Schedule 13G is being filed on behalf of the following entities (collectively, the 'Reporting Persons'):
     (i) Allspring Global Investments Holdings, LLC ('AGIH')
     (ii) Allspring Global Investments, LLC ('AGI')
     (iii) Allspring Funds Management, LLC ('AFM')
     This Schedule 13G is jointly filed by the Reporting Persons pursuant to a Joint Filing Agreement attached hereto as Exhibit B.
     (b)Address of Principal Business Office or, if none, Residence
     The address of each Reporting Person is:
      1415 VANTAGE PARK DRIVE, 3RD FLOOR, CHARLOTTE, NC, 28203
     (c)Citizenship of each reporting person
    Delaware
     (d)Title of Class of Securities
    COM
     (e)CUSIP Number
    G39108108
     
    Item 3.If this statement is filed pursuant to 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
    (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c)
    (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
    (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
    (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940
    (15 U.S.C 80a-8).
    (e) [X] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E);
    (f) [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F);
    (g) [X] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G);
    (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act
    (12 U.S.C. 1813);
    (i) [ ] A church plan that is excluded from the definition of an investment company under section
    3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
    (j) [ ] A non-U.S.institution in accordance with 240.13d-1(b)(1)(ii)(J);
    (k) [ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K).
    If filing as a non-U.S.institution in accordance with 240.13d-1(b)(1)(ii)(J), please specify the type of institution: ______________
     
    Item 4.Ownership.
    Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
      (a) Amount beneficially owned:  
     (i) AGIH: 14,929,377
     (ii) AGI: 14,832,631
     (ii) AFM: 12,614,760
     (b) Percent of class:  
     (i) AGIH: 5.71%
     (ii) AGI: 5.67%
     (ii) AFM: 5.29%
     (c)Number of shares as to which the person has:
      (i) Sole power to vote or to direct the vote 
     (1) AGIH: 14,545,243
     (2) AGI: 2,021,630
     (3) AFM: 12,523,613
      (ii) Shared power to vote or to direct the vote  
     (1) AGIH: 0
     (2) AGI: 0
     (3) AFM: 0
       (iii) Sole power to dispose or to direct the disposition of 
     (1) AGIH: 14,929,377
     (2) AGI: 14,832,631
     (3) AFM: 9,746
       (iv) Shared power to dispose or to direct the disposition of 
     (1) AGIH: 0
     (2) AGI: 0
     (3) AFM: 0
     
     
    Item 5.Ownership of Five Percent or Less of a Class
    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following[ ].
     
    Item 6.Ownership of More than Five Percent on Behalf of Another Person.
    Not applicable
    Item 7.Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
    Not Applicable
    Item 8. Identification and Classification of Members of the Group
    Not applicable.
    Item 9.Notice of Dissolution of Group
    Not applicable.
    Item 10.Certification
    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

    SIGNATURE

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    October 7, 2024
    Date
    /s/ Amy Stueve
    Signature
    Amy Stueve, Designated Signer
    Name/Title
    Exhibit A
    EXPLANATORY NOTE


    Exhibit B
    JOINT FILING AGREEMENT

    The undersigned hereby agree as follows:

    (i) Each of them is individually eligible to use the Schedule 13G to which this Exhibit is attached, and such Schedule 13G is filed on behalf of each of them; and
    (ii) each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.




    Date: October 7, 2024

    Allspring Global Investments Holdings, LLC

    By: /s/ Amy Stueve
    Amy Stueve, Designated Signer


    Allspring Global Investments, LLC

    By: /s/ Amy Stueve
    Amy Stueve, Vice President


    Allspring Funds Management, LLC

    By: /s/ Amy Stueve
    Amy Stueve, Designated Signer

     

     

    Attention:Intentional misstatements or omissions of fact constitute Federal criminal violations
    (See 18 U.S.C. 1001)
    Get the next $GTES alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $GTES

    DatePrice TargetRatingAnalyst
    12/5/2024$21.00 → $25.00Equal Weight → Overweight
    Barclays
    9/6/2024$19.00Equal-Weight
    Morgan Stanley
    8/19/2024$20.00 → $22.00Sector Perform → Outperform
    RBC Capital Mkts
    3/8/2024$20.00Peer Perform → Outperform
    Wolfe Research
    2/29/2024$21.00Buy
    Jefferies
    2/22/2024$18.00Sector Weight → Overweight
    KeyBanc Capital Markets
    6/20/2023$14.50Buy → Neutral
    Goldman
    2/10/2023Overweight → Sector Weight
    KeyBanc Capital Markets
    More analyst ratings

    $GTES
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Gates Industrial upgraded by Barclays with a new price target

      Barclays upgraded Gates Industrial from Equal Weight to Overweight and set a new price target of $25.00 from $21.00 previously

      12/5/24 7:43:23 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Morgan Stanley initiated coverage on Gates Industrial with a new price target

      Morgan Stanley initiated coverage of Gates Industrial with a rating of Equal-Weight and set a new price target of $19.00

      9/6/24 7:41:40 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial upgraded by RBC Capital Mkts with a new price target

      RBC Capital Mkts upgraded Gates Industrial from Sector Perform to Outperform and set a new price target of $22.00 from $20.00 previously

      8/19/24 6:53:36 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Director Eliasson Fredrik J bought $1,173,600 worth of Ordinary Shares (60,000 units at $19.56), increasing direct ownership by 47% to 188,452 units (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      3/11/25 7:01:21 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Director Neely Wilson S bought $200,794 worth of Ordinary Shares (11,952 units at $16.80) (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      8/23/24 4:46:50 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Neely Wilson S bought $727,500 worth of Ordinary Shares (50,000 units at $14.55), increasing direct ownership by 88% to 106,664 units (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      3/1/24 4:39:13 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Gates Industrial to Participate in the 18th Annual Wolfe Research Global Transportation & Industrials Conference

      DENVER, May 13, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative, highly engineered power transmission and fluid power solutions, today announced that the Company will attend the Wolfe Research Global Transportation & Industrials Conference in New York City on Wednesday, May 21, 2025. Brooks Mallard, Chief Financial Officer, will present at 9:35 AM Eastern Time. To listen to a live webcast of the announced presentations, please visit the Events & Presentations section of the Gates Investor Relations website at investors.gat

      5/13/25 4:30:00 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial Reports First-Quarter 2025 Results

      DENVER, April 30, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a leading global provider of application-specific fluid power and power transmission solutions, today reported results for the first quarter ended March 29, 2025. First-Quarter 2025 Financial Summary First-quarter net sales of $847.6 million, down 1.7% compared to the prior-year period, including core revenue growth of 1.4%.Net income attributable to shareholders of $62.0 million, or $0.24 per diluted share.Adjusted Net Income per diluted share of $0.36.Net income from continuing operations of

      4/30/25 7:30:00 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial Announces Time Change for First-Quarter 2025 Conference Call

      DENVER, April 14, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) today announced that it has changed the time of its first-quarter 2025 webcast and conference call from 10 a.m. Eastern time to 9 a.m. Eastern time on Wednesday, April 30, 2025. The access information has not changed and is as follows: By dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation First-Quarter 2025 Earnings Conference Call or providing the Conference ID of 5772067.Live webcast accessed through Gates Industrial's websit

      4/14/25 5:21:00 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    Financials

    Live finance-specific insights

    See more
    • Gates Industrial Reports First-Quarter 2025 Results

      DENVER, April 30, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a leading global provider of application-specific fluid power and power transmission solutions, today reported results for the first quarter ended March 29, 2025. First-Quarter 2025 Financial Summary First-quarter net sales of $847.6 million, down 1.7% compared to the prior-year period, including core revenue growth of 1.4%.Net income attributable to shareholders of $62.0 million, or $0.24 per diluted share.Adjusted Net Income per diluted share of $0.36.Net income from continuing operations of

      4/30/25 7:30:00 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial Announces Time Change for First-Quarter 2025 Conference Call

      DENVER, April 14, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) today announced that it has changed the time of its first-quarter 2025 webcast and conference call from 10 a.m. Eastern time to 9 a.m. Eastern time on Wednesday, April 30, 2025. The access information has not changed and is as follows: By dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation First-Quarter 2025 Earnings Conference Call or providing the Conference ID of 5772067.Live webcast accessed through Gates Industrial's websit

      4/14/25 5:21:00 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial Announces First-Quarter 2025 Earnings Release Date

      DENVER, April 8, 2025 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) will issue its first-quarter earnings release before the market opens on Wednesday, April 30, 2025. Management will host a webcast and conference call on the same day at 10:00 a.m. Eastern time to discuss Gates Industrial's financial results. The conference call can be accessed as follows: By dialing (888) 414-4601 (domestic) or +1 (646) 960-0313 (international) and requesting the Gates Industrial Corporation First-Quarter 2025 Earnings Conference Call or providing the Conference ID of 5772067.L

      4/8/25 4:30:00 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Gates Industrial Corporation plc

      SC 13G/A - Gates Industrial Corp plc (0001718512) (Subject)

      11/12/24 3:54:12 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Amendment: SEC Form SC 13G/A filed by Gates Industrial Corporation plc

      SC 13G/A - Gates Industrial Corp plc (0001718512) (Subject)

      11/7/24 4:30:27 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Amendment: SEC Form SC 13G/A filed by Gates Industrial Corporation plc

      SC 13G/A - Gates Industrial Corp plc (0001718512) (Subject)

      11/4/24 1:04:00 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Executive Officer Jurek Ivo exercised 767,239 units of Ordinary Shares at a strike of $9.84 and covered exercise/tax liability with 556,387 units of Ordinary Shares, increasing direct ownership by 15% to 1,620,309 units (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      4/4/25 5:04:21 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • President, Americas Pitstick Thomas G. covered exercise/tax liability with 68,588 units of Ordinary Shares and exercised 100,000 units of Ordinary Shares at a strike of $8.20, increasing direct ownership by 23% to 170,795 units (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      4/3/25 4:49:50 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Director Cantie Joseph S was granted 7,871 units of Ordinary Shares (SEC Form 4)

      4 - Gates Industrial Corp plc (0001718512) (Issuer)

      4/1/25 5:38:24 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    SEC Filings

    See more
    • SEC Form IRANNOTICE filed by Gates Industrial Corporation plc

      IRANNOTICE - Gates Industrial Corp plc (0001718512) (Filer)

      4/30/25 4:28:04 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • SEC Form 10-Q filed by Gates Industrial Corporation plc

      10-Q - Gates Industrial Corp plc (0001718512) (Filer)

      4/30/25 4:25:29 PM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Gates Industrial Corporation plc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - Gates Industrial Corp plc (0001718512) (Filer)

      4/30/25 7:31:14 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials

    $GTES
    Leadership Updates

    Live Leadership Updates

    See more
    • Abercrombie & Fitch Set to Join S&P MidCap 400; Gates Industrial to Join S&P SmallCap 600

      NEW YORK, July 16, 2024 /PRNewswire/ -- S&P SmallCap 600 constituent Abercrombie & Fitch Co. (NYSE:ANF) will replace Equitrans Midstream Corp. (NYSE:ETRN) in the S&P MidCap 400, and Gates Industrial Corporation plc (NYSE:GTES) will replace Abercrombie & Fitch in the S&P SmallCap 600 effective prior to the opening of trading on Monday, July 22. S&P 500 constituent EQT Corp. (NYSE:EQT) is acquiring Equitrans Midstream in a deal expected to close soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name       Action Company Name Ticker GICS Sector July 22, 2024 S&P MidCap 400

      7/16/24 5:45:00 PM ET
      $ANF
      $EQT
      $ETRN
      $GTES
      Clothing/Shoe/Accessory Stores
      Consumer Discretionary
      Oil & Gas Production
      Energy
    • Gates Welcomes Chief Accounting Officer

      DENVER, June 17, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES) is pleased to announce the appointment of John Patouhas as Senior Vice President & Chief Accounting Officer, effective today, Monday, June 17, 2024.  John will be responsible for the strategic direction of Gates' accounting function, including financial reporting, risk, controls, and compliance in accordance with applicable standards, laws and regulations. "John brings significant manufacturing finance leadership experience to Gates and we look forward to the benefit of his background and expert

      6/17/24 11:01:00 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials
    • Reminder: Gates Industrial to Host Capital Markets Day on March 11, 2024

      DENVER, March 11, 2024 /PRNewswire/ -- Gates Industrial Corporation plc (NYSE:GTES), a global manufacturer of innovative and highly engineered power transmission and fluid power solutions, extends a reminder to investors, analysts and other stakeholders to join its Capital Markets Day on Monday, March 11, 2024, starting at 1:00 p.m. Eastern Time at The New York Stock Exchange (NYSE). At the event, CEO Ivo Jurek and CFO Brooks Mallard, along with other members of Gates's leadership team will update investors on the Company's strategic priorities, growth opportunities, business

      3/11/24 9:00:00 AM ET
      $GTES
      Industrial Machinery/Components
      Industrials